Monday, 9 August 2021

Indonesia launches online push to streamline FDI permits

Indonesia has launched a website to process foreign investment permits, which the government hailed as an important milestone in reforms aimed at making it easier and quicker to do business in Southeast Asia's largest economy.

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Dorf Ketal's Trentar to invest Rs 100 crore for drone manufacturing

Trentar, which recently acquired Noida-based drone services and platform company GarudaUAV, has appointed Dhruv Arora as its CEO. With this, the company now intends to create an entire drone ecosystem under one roof.

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NetEase delays Cloud Village's $1-billion IPO in Hong Kong

​​The IPO of NetEase's music-streaming service was due to launch this week but was put on hold on Monday, given uncertain conditions facing China's tech companies following a regulatory crackdown.

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Sunday, 8 August 2021

TikTok owner ByteDance said to aim for Hong Kong IPO by early 2022

ByteDance, the world’s most valuable startup, is planning to list in either the fourth quarter of this year or in early 2022, the FT reported. The TikTok owner has been working on addressing data security concerns raised by regulators.

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Alibaba fires manager who allegedly sexually assaulted female staffer

The manager — at Alibaba's City Retail unit, which offers grocery delivery from local supermarkets — "has been fired and will never be rehired", Alibaba CEo Daniel Zhang says in an internal memo.

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Sword of double taxation hangs on Big Tech firms

Big Tech companies fear that India’s equalisation levy combined with similar digital tax regulations in countries such as the UK and France will lead to double taxation, industry insiders say.

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Sword of double taxation hangs on Big Tech firms

Big Tech companies fear that India’s equalisation levy combined with similar digital tax regulations in countries such as the UK and France will lead to double taxation, industry insiders say.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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